Friday, 31 October 2014
Last updated 1 hour ago
Mar 17 2010 | 11:25am ET
The little black rain cloud of hedge fund indices has come to rain on your St. Patrick’s Day parade.
The Lipper Hedge Fund Composite Index fell 0.29% in February; most hedge fund indices showed hedge funds bouncing back last month after a losing January.
All of Lipper’s subindices save one were in the red in February, with only managed futures funds managing a positive show (0.26%) in the industry’s most pessimistic benchmark.
On the bright side, no strategy index lost even 1% last month. 'Other hedge' strategies did the worst, falling 0.98%, followed by dedicated short-bias, which dropped 0.64% and global stock markets gained. Long-bias funds lost 0.52% and long/short equity funds 0.28%.
Event-driven funds fell 0.11%, and option arbitrage funds just 0.01%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.